News

Avalanche Collaborate with OpenZeppelin Defender to Boost Blockchain Security

Published

7 months ago

October 12, 2023

Avalanche has entered a partnership with OpenZeppelin Defender to bring enhanced blockchain application management to users.

OpenZeppelin Defender users can now manage blockchain applications on Avalanche Mainnet with confidence.

Avalanche is a blockchain platform that was launched in 2020 by Ava Labs.

It is a smart contract-capable blockchain platform that aims to address the blockchain trilemma of scalability, security, and decentralization.

Transactions on the Avalanche blockchain can provide near-instant transaction finality. Avalanche employs one of the fastest consensus mechanisms of any layer 1 blockchain.

AVAX is used to pay transaction processing fees, secure the Avalanche network, and act as a basic unit of account among blockchains in the Avalanche network.

OpenZeppelin Defender is a developer security platform that provides a suite of tools to help developers automate smart contract operations and minimize security risks.

Security matters in Web3

This collaboration is coming at a critical time when security is a challenge in the industry. From January till October, about $1 billion have been lost to hacks and cyber theft in the Web3 industry.

Defender Admin allows developers to manage smart contract administration, including access controls, upgrades, and pausing.

Defender Admin works with popular multi-sigs and allows developers to manage their smart contracts from a single dashboard.

This collaboration opens new possibilities for blockchain developers and enthusiasts, as they can leverage the capabilities of OpenZeppelin Defender to enhance their blockchain projects with a focus on security.

OpenZeppelin revealed that its users can now explore the Avalanche blockchain with their projects.

“Users of OpenZeppelin Defender can now code, audit, deploy, monitor, and operate blockchain applications with confidence on Avalanche.”

Additionally, it noted that interested parties can sign up on the waitlist to receive updates and announcements.